In the latest instalment of the “Solving Sino” series, in which The Creative Accountant is getting to grips with the CCP and how things operate in China, he looks at how Big Tech firms in China are having to contribute towards the social priorities that have been identified by the government. “We cannot let an unbridgeable gulf appear between the …
View PostThis conversation, from Ernest Hemingway’s novel ‘The Sun Also Rises’, is the perfect analogy for how the pace of Chinese regulation has increased in the past year: “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.” At first, Ant Group’s halted IPO and restructuring raised eyebrows. Alibaba’s $2.8bn fine definitely had many sitting up in …
View PostThe markets have been all over the place in the past week, with a rollercoaster ride for investors in Chinese tech stocks in particular. Ride-hailing business DiDi has been the catalyst for the latest concerns. In Episode 33 of Magic Markets, The Finance Ghost and Mohammed Nalla chat through some of the companies in their portfolios and the approach they …
View PostMohammed Nalla is one of the most highly respected macroeconomic market analysts to emerge from South Africa. He’s launched Moe-Knows, a macroeconomics knowledge platform. Now living in Canada, he layers a global perspective on top of his emerging markets expertise. Together, The Finance Ghost and Moe-Knows have multiple years of experience across practically every asset class. In Magic Markets, we unpack market …
View PostTesla will be admitted to the S&P500 and will immediately jump into a top ten spot on the index based on a market capitalisation that appears to be marching towards $500bn. The Index Committee was suspicious back in September when Tesla achieved profitability over four consecutive quarters, electing not to include Tesla in the index despite the criteria being met. …
View PostTesla will be admitted to the S&P500 and will immediately jump into a top ten spot on the index based on a market capitalisation that appears to be marching towards $500bn. The Index Committee was suspicious back in September when Tesla achieved profitability over four consecutive quarters, electing not to include Tesla in the index despite the criteria being met. …
View PostAlibaba founder Jack Ma has had an awful November. The listing of Ant Group, a payments company incubated within Alibaba, was pulled by Chinese regulators (read more here) in response to ongoing criticism by Ma of the state of regulation in China. In the fallout over the Ant Group listing, Alibaba itself took a knock to the share price as …
View PostOne of the themes in the latest raft of corporate earnings is that the automotive sector’s engine is starting to rev again. The driver of the recovery is China, with the horrors of lockdown seemingly long forgotten. Western nations are dealing with renewed pandemic issues, as countries like the UK get locked down again. The purchase of a new car …
View PostOne of the themes in the latest raft of corporate earnings is that the automotive sector’s engine is starting to rev again. The driver of the recovery is China, with the horrors of lockdown seemingly long forgotten. Western nations are dealing with renewed pandemic issues, as countries like the UK get locked down again. The purchase of a new car …
View PostOne of the themes in the latest raft of corporate earnings is that the automotive sector’s engine is starting to rev again. The driver of the recovery is China, with the horrors of lockdown seemingly long forgotten. Western nations are dealing with renewed pandemic issues, as countries like the UK get locked down again. The purchase of a new car …
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